DISTANCE EDUCATION
M.B.A. DEGREE EXAMINATION, DECEMBER 2017.
First Semester
MANAGERIAL ECONOMICS
(Upto 2012-13 Academic Year and 2013 Calendar Year)
Time Three hours Maximum 100 marks
SECTION A — X 8 40 marks)
Answer any FIVE questions.
1. Indicate the scope of managerial economics.
2. Briefly state the relationship between managerial
economics and macro-economics.
3. Explain the term demand function.
4. What is the relationship between MC and AC?
5. What are the causes for diminishing returns to scale?
6. Explain Hawley's Risk theory of profit.
7. Explain production approach in the concept of National
Income.
8. What are the evils of monopoly?
Sub. Code
13
DE-2873
WS
2
SECTION B — X 15 60 marks)
Answer any FOUR questions.
9. What are the legal constraints in pricing?
10. Discuss the role of a managerial economist.
11. Analyse the features of good forecasting method.
12. Discuss the important methods of measuring cost-output
relation and their merits and limitations.
13. What is price discrimination? Illustrate how price are
fixed under price discrimination.
14. Explain the relationship between depreciation and profit
of the firm.
15. Analyse the difficulties in the computation of national
income.
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